Orange County Real Estate Market Trends - March 18, 2024
By Eric Engelbert 949-430-7500, Broker/Owner
(Orange County Real Estate, Inc.)
This week's Orange County Real Estate Market Report, courtesy of Orange County Real Estate, Inc., presents an in-depth look at the current state of the housing market, emphasizing the significant jump in median list prices and ongoing trends that impact buyers and sellers alike. As experts in the local market, Orange County Real Estate, Inc. continues to offer invaluable insights and guidance, ensuring clients navigate the market confidently.Key Highlights: Median List Price Surge: Single-family homes have seen a notable increase in the median list price to $2,099,000. Median Closed Price: Condos and townhomes median closed prices also jumped significantly to $830,000. Mortgage Rate Outlook: Despite initial expectations for declining rates, the focus shifts toward a significant cut aimi...
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